SETTING THE RECORDS STRAIGHT ON CITIZEN ASAR MICHAEL SESUGH'S DEATH. (PHOTO).#PRESS RELEASE.

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 Setting the Records Straight on  Citizen Asar Michael Sesugh's  Death The Economic and Financial Crimes Commission,  EFCC,  considered it imperative to clear the air on some recent incidents at its Makurdi Zonal Directorate,  Benue State.   Operatives of the Directorate arrested 26 suspected cyber fraudsters on April 28,  2026.  They were profiled and kept in custody for further investigations after obtaining a Remand Order at a Magistrate Court.  Shortly after their arrest,  specifically on May 4,  2026,  three of the suspects sought permission to use the lavatory at the Directorate's  Holding Facility and were permitted.   They cashed in on the opportunity,  broke the toilet's roof and escaped from detention.  Several efforts were made to re- arrest them to no avail. However,  fresh intelligence came on Thursday,  May 21,  2026 that one of the escaped suspects,   As...
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FG TO LAUNCH NEW OIL BLOCK LICENSING ROUND IN 2025, AS WINNERS OF 2024 EXERCISE ARE ANNOUNCED TODAY.(PHOTO).

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 FG to Launch New Oil Block Licensing Round in 2025, As Winners of 2024 Exercise Are Announced Today


The Nigerian Upstream Regulatory Commission (NUPRC) has confirmed plans for a new oil bidding round in 2025, aimed at attracting investments, boosting oil and gas reserves, and enhancing Nigeria’s production capacity. NUPRC’s Chief Executive, Engr. Gbenga Komolafe, revealed that the 2025 round would focus on undeveloped fields and natural gas development to align with Nigeria’s UN Sustainable Development Goals.


Speaking at the 2024 Licensing Round Commercial Bid Conference in Lagos, Komolafe emphasized that the 2025 exercise would unlock Nigeria’s hydrocarbon potential, drive economic growth, and attract investors. He added that the NUPRC aims to responsibly and sustainably develop the nation’s oil and gas resources.


Meanwhile, the winners of the 2024 Licensing Round, which launched in May, will be announced today. This year’s round featured 24 carefully selected blocks, with a total of 31 blocks available, including seven carried over from the 2022 Mini Bid Round. The 2024 exercise is designed with a focus on transparency, accountability, and environmental responsibility.


Komolafe also highlighted the importance of collaboration between local and international companies, promoting local content, and creating employment. The NUPRC’s initiatives aim to drive exploration and development, ensuring Nigeria’s position as a leading energy player.

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